Using your partners parents SDIRA

[Heath Thomas Jr]

So both my Partner and my's parents have large IRAs. they would like to invest with us using their IRA. Is there no way for them to lend to us using an IRA? because we are "disqualified persons". Is there any work around for this?

[Heath Thomas Jr]

Originally posted by @Jeremy Tillotson:

@Heath Thomas Jrare you willing to risk their retirement for your "Work-Around" you should read IRS rules about self dealing. They are not nice to those who "work-around"

 I'm not insinuating I'm trying to do anything illegal or against the tax code. I simply wanted to know if their were any creative ways to fund a deal this way... Maybe through using entities, partnerships, etc... As you know, there are a lot of creative ways to construct a real estate deal. 

I have read as many snippets from the Tax Code as I could find...however, I'm no CPA, Lawyer or Custodian. Just a layman looking for an explanation. I have no experience in this so It's fairly new to me.